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dandanisaur | 10 years ago

I completely agree with what you said. Media is putting the fear on you. It'll turn into.. 'Whether you think you can or you can't, you're already right.'. People will fail simply because they think they will.

Just to note: Facebook just had 1 billion unique users in 1 day (2015). The year 2000 only had 350+ million INTERNET USERS.

It doesn't help that we are reminded by our predecessor's to watch out for the impending doom (something that might not have been expected). In the scheme of things, the context of where technology/internet was at the time was completely different to now.

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myblake|10 years ago

I think there's a difference between a moderate downturn and a cataclysmic crash, and since 2000 was especially bad for tech and 2009 especially bad for everyone we're not used to mild to moderate downturns around here. A downtown doesn't mean people stop using technology, just that the market conditions change.

valhalla|10 years ago

Pundits have always made somewhat of a sport predicting a tech bubble bursting. Some of Manjoo's ideas of what could bring about a "bubble" bursting are ludicrous (read: a "Donald Trump inauguration??") If anything VCs and angels may fund fewer or safer startups, but there are numerous reasons why this business environment isn't a bubble like in the early 00's